BAAC invites farmers to register for a 3-year debt suspension. Check your rights via BAAC Mobile.
Reporters reported that after the Cabinet approved measures to suspend debt repayment for small farmers for a period of 3 years, with outstanding debt not exceeding 300,000 baht, the BAAC was assigned to carry out debt moratorium measures. Starting to open for small farmers Register from 1 October 2023 - 31 January 2024 for 4 months. First day of registration, 1 Oct. 2023, starting at 12.00 noon until 31 Jan. 2024. Register to apply for a moratorium on farmer debt payments. By downloading BAAC Mobile to check your rights.
Through the BAAC Mobile application using the ID card number of the person expressing the wish. with a telephone number that can be contacted The system will then process the data to check the qualifications. If someone meets the criteria for the BAAC measures, the customer and guarantor will make an appointment to go to the branch or service point where the appointment was made. to prepare relevant documents
Qualifications of participants in the debt moratorium measure BAAC is an individual debtor. (Farmers and individuals) Total outstanding debt of all contracts as of September 30, 2023, not more than 300,000 baht, has normal debt status. and outstanding debt (0-3 month debt and NPL debt)
BAAC ready to draw on government, private and educational networks Fulfill knowledge, develop and expand agricultural products. To increase the potential and rehabilitate debtors who participated in the measures. Under the principle of "leading market, additional innovation, increasing income" and adding loans to enhance liquidity in your career. The amount does not exceed 100,000 baht to promote and restore occupations to increase income during the debt moratorium. Farmers can also participate in the incentive measures according to the BAAC's Pay Dee Mee Chok project. Intent to join the debt moratorium measure It must be voluntary by the debtor.
Please be careful of criminals who may use this opportunity. Using the debt suspension issue to deceive in various ways by claiming to be an official to contact for convenience. Or trick people into automatically clicking on various links. Therefore, we ask all customers to study information on downloading and using the BAAC Mobile application on IOS and Android systems through the App store and Play store only. Or ask for other information at Call Center 02 555 0555 or branches nationwide.
Source: Thai News Agency